GCMAsia - GOLD

GOLD
2020-03-30

GOLD_, H1: Gold price was traded higher following prior rebound from the 50 moving average line (Blue). MACD which illustrate diminishing bearish momentum suggest the commodity to extend its gains toward the resistance level at 1637.05.
Resistance level: 1637.05, 1664.70
Support level: 1598.50, 1579.00